Vale S.A. Clarification on IPO Plans for Vale Base Metals

Vale S.A. has issued a clarification in response to media reports and inquiries from the Brazilian Securities and Exchange Commission (CVM) and B3 S.A. regarding its plans to take its base metals unit, Vale Base Metals (VBM), public. The company reiterates its previous statements from March 4, 2026, indicating that while operational and strategic initiatives are underway to enhance VBM's competitiveness, no decision has been made regarding a potential IPO or any other specific transaction involving VBM's capital structure. Vale confirms that there are no new facts or corporate decisions that would alter these previous disclosures. The company remains committed to regulatory compliance and will disclose any material developments.